Oct 23, 2021 11:15
Crypto News Cast ?? 23-10-2021
News SourceWelcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today24hours Cryptocurrency Market Cap:??MarketCap: $2549 B
??24h Mcap %: 15.00%
??Bitcoin Dom: 45.20%
??Active Coins: 6460
??24h Vol %: -19.13%
??24h Vol: $84 B
Crypto News Updates :- DeFi On Solana Total Value Skyrockets To As High As $12.7B
- JPMorgan Says Bitcoin Mainstream Adoption Is Fueled By Inflation Fears
- Pension Fund For Texas Firefighters Raises $25M To Bitcoin And Ether
- Investment giant, Capital Group With $2.6T AUM Calls Bitcoin An Appealing Asset
- Walmart Installs 200 Bitcoin ATMs And Plans For 8000 In total
- 80% Of Ethereum NFTs From April Were Snapped Up By 17% Addresses
- Tesla Held Unto Bitcoin, As Elon Musk Makes Meme BTC Tweets
- Spanish Banks Grows Interest To Offer Crypto Assets To Its Customers
- Reddit Is Planning To Build NFT Marketplace, Users Can Trade NFTs
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- DeFi On Solana Total Value Skyrockets To As High As $12.7BDecentralized finance (DeFi) projects built on the Solana network continues to increase, as according to data aggregator DeFiLlama, the total value locked (TVL) of all DeFi projects built on the network is now valued at $12.7 billion currently. So, The most dominant project is Raydium, which is a popular decentralized exchange (DEX) for the Solana ecosystem, Raydium boasts with over 14% of total value value i.e. $1.8 billion. Read Full on Decrypt.
- JPMorgan Says Bitcoin Mainstream Adoption Is Fueled By Inflation FearsAccording to Bloomberg reports, Bitcoin keeps booming as it sees more adoptions due to Concerns that inflation will keep rising, aside from the first U.S. bitcoin futures exchange-traded fund (ETF), according to JPMorgan strategists. He goes on to note that discerning bitcoin as a better option against inflation than Gold will cause the flagship cryptocurrency to continue its upward trend, causing the shift from gold ETFs into Bitcoin funds. Read Full on cointelegraph.
- Pension Fund For Texas Firefighters Raises $25M To Bitcoin And EtherA Thursday Bloomberg report shows that a pension fund for firefighters in Houston allocated part of its $4 billion portfolio towards crypto, the Houston Firefighters' Relief and Retirement Fund used the New York Digital Investment Group, or NYDIG, to carry out the purchase of $25 million in Bitcoin (BTC) and Ether (ETH). As of June 2020, Texas comptroller’s office shows the pension fund held over $4.1 billion in total net assets. Read Full on cointelegraph.
- Investment giant, Capital Group With $2.6T AUM Calls Bitcoin An Appealing AssetCapital Group, One of the largest American financial services firms operating for more than 90 years and also with $2.6 trillion in assets under management has described Bitcoin as an outstanding asset class. The Company's representative and equity portfolio manager Mark Casey says that Bitcoin’s position makes it a worthy alternative to sub-zero yielding cash and bonds, also bitcoin is set to become an asset for investments due to inflation. Read Full on Finbold.
- Walmart Installs 200 Bitcoin ATMs And Plans For 8000 In totalCurrently, Walmart is partnering with coin-cashing machine company Coinstar and crypto-cash exchange CoinMe in order to install 200 Bitcoin ATMs in its stores across the U.S, there's also plans to expand the installation to 8,000 bitcoin ATMs in total across the country. Currently, there are currently over 25,000 bitcoin ATMs at select grocery stores and service stations in the U.S according to Coin ATM Radar.Read Full on cointelegraph.
- 80% Of Ethereum NFTs From April Were Snapped Up By 17% AddressesOpen source blockchain analytics firm Moonstream reports that around 17% of addresses control over 80% of all NFTs on Ethereum, the report on Oct. 21 was conducted on over 7 million NFT transactions on the Ethereum blockchain between April 1 and Sept. 25, 2021. Notably, it shows that whales, NFT platforms and exchanges comprising 16.71% of all addresses own 80.98% of NFTs on Ethereum. Then, The remaining 83.29% of NFT owners snapped up a few tokens. Read Full on cointelegraph.
- Tesla Held Unto Bitcoin, As Elon Musk Makes Meme BTC TweetsCurrently, Elon Musk’s electric car company, Tesla revealed third-quarter earnings report Wednesday, which shows $13.757 billion in revenue, representing a 57% increase from the same period last year. Notably, Tesla’s balance sheet amounts to a net digital assets of $1.26 billion on Sept 30, signifying a decline from $1.311 billion at the end of the second quarter. On Wednesday, Musk made a meme tweet showing the price of bitcoin at $69K. Read Full on Bitcoin News.
- Spanish Banks Grows Interest To Offer Crypto Assets To Its CustomersSpanish banks grow interest in offering cryptocurrency services to their customers and set up arrangements tk even comply with any regulations attached to it, already there are plans to register for the list of virtual asset service providers and custody organizations. These must be compiled by the Bank of Spain before October 29. Already, Spanish banks are currently complying with anti-money laundering laws. Read Full on Bitcoin News.
- Reddit Is Planning To Build NFT Marketplace, Users Can Trade NFTsAccording to a job listing by the company, the Popular online discussion community Reddit is ready to build its own platform for users to buy and sell NFTs as they are seeking to hire a “Senior Backend Engineer, NFT Platform,”. Notably, the best candidate will “design, build and ship backend services for millions of users to create, buy, sell and use NFT-backed digital goods, the job listing ad was first captured earlier this month. Read Full on Decrypt.
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